Vientiane: The Ministry of Finance is strengthening oversight of mining concessions and private investment projects to curb revenue leakages, improve transparency, and ensure state revenues are collected in full, Deputy Prime Minister and Minister of …
Author: lwadmin
Laos Experiences Surge in International Tourism with 2.1 Million Visitors in Early 2026
Laos: Laos welcomed more than 2.1 million international visitors during the first five months of 2026, achieving 47 percent of the annual target of 4.46 million arrivals and marking an 8 percent increase compared with the same period last year, accord…
Government Sets Ambitious Targets to Accelerate Rural Development and Reduce Poverty
Vientiane: The Lao Government has set ambitious targets under its draft National Agenda on Rural Development and Poverty Reduction, aiming to lift more than 100,000 households out of poverty, reduce the national poverty rate from 14.78 percent to a si…
Multiple Factors Prevent Goods Prices from Falling in Line with Fuel Costs
Vientiane: The Ministry of Industry and Commerce has attributed the continued high prices of goods and services, despite declining fuel prices, to a combination of economic factors, while reaffirming that strict measures are being implemented to stren…
Government to Expand Strategic Fuel Reserves, Target 30 Percent EV Adoption by 2030
Vientiane: The Lao government will expand the country’s strategic fuel reserves and accelerate the transition to electric vehicles (EVs), targeting EVs to comprise 30 percent of the national vehicle fleet by 2030. As part of the initiative, 50 percent…
Government Sets Ambitious Targets to Accelerate Rural Development and Reduce Poverty
Vientiane: The Lao Government has set ambitious targets under its draft National Agenda on Rural Development and Poverty Reduction, aiming to lift more than 100,000 households out of poverty, reduce the national poverty rate from 14.78 percent to a si…